Which of the following is true regarding the ability of persons suffering from a mental illness to enter into a binding contract?
A) Persons suffering from a mental illness never have capacity to enter into a binding contract.
B) Persons suffering from a mental illness have full capacity to enter into a binding contract so long as they do not present a danger to themselves or others.
C) Persons suffering from a mental illness have full capacity to enter into a binding contract so long as they inform the other party that they are in treatment.
D) Persons suffering from a mental illness may have full, limited, or no legal capacity to enter into a binding contract depending on the nature and extent of their mental deficiency.
E) Persons who suffer from a mental illness always have full capacity to enter into a binding contract.
Correct Answer:
Verified
Q17: Today,married women have been removed from the
Q21: Which of the following is false regarding
Q22: Which of the following was the result
Q24: Which of the following was the result
Q26: Which of the following is true regarding
Q27: Guardians may be appointed for which of
Q28: If a licensing statute is intended to
Q29: Which of the following is the majority
Q30: Which of the following is true regarding
Q33: If a legal contract is formed and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents